Vietnam pledges favourable conditions for Japanese investors: PM

Prime Minister Nguyen Xuan Phuc has affirmed the Vietnamese Government’s pledge to create favourable conditions for foreign firms, including those from Japan, suggesting that both sides strengthen bilateral cooperation in labour, education, and human resource training, including vocational training and high-quality human resource training.

PM Nguyen Xuan Phuc (right) and Kawamura Takeo, Chairman of the Japanese House of Representatives’ Committee on Budget. (Photo: VOV)
PM Nguyen Xuan Phuc (right) and Kawamura Takeo, Chairman of the Japanese House of Representatives’ Committee on Budget. (Photo: VOV)

The PM made his remarks during a reception for a research team from the Japanese House of Representatives, headed by Kawamura Takeo, Chairman of the House’s Committee on Budget, in Hanoi on August 22.

He stated that the exchange between parliamentarians and friendship parliamentarians’ groups of the two countries has been growing strongly and achieved significant congress over the past few years. The two sides have been organising a wide range of activities to mark the 45th anniversary of bilateral diplomatic ties so far this year, helping to consolidate their mutual understanding, political trust, economic cooperation and people-to-people exchange.

The PM expressed his gratitude to Japan for providing ODA for Vietnam over the past 26 years, which, he said, has contributed significantly to the cause of socio-economic development, poverty reduction, and infrastructure improvement in Vietnam.

He said the Vietnamese Government always values and strives to realise the commitments of ODA projects between the two countries, as well as to effectively use the ODA capital sources for the right purposes.

Japanese investors in Vietnam have achieved numerous successes and are satisfied with the business climate in the country, PM Phuc said, stating that the Government and the PM always direct ministries and sectors to create favourable conditions for Japanese companies.

PM Nguyen Xuan Phuc poses for a photo with Japanese guests. (Photo: VNA)

He called on Kawamura Takeo to support the enhancement of economic cooperation between Vietnam and Japan, to back Japan’s continuous provision of ODA for Vietnam, especially in areas such as key and large-scale infrastructure projects, training high-quality human resources, and climate change adaptation, and to facilitate Japanese firms’ investment into Vietnam so that Japan will become the largest foreign investor in the Southeast Asian country.

For his part, Kawamura Takeo called on PM Phuc to support Japanese firms in doing favourable business in Vietnam, adding that Japanese PM Shinzo Abe always favours the facilitation of close ties with Vietnam on bilateral and multilateral issues.

He took the occasion to convey the Japanese PM’s gratitude for Vietnam’s sympathy and support for the Japanese people in the recent natural disaster.

Concerning the Vietnam-Japan University project, Takeo highly appreciated the favourable conditions created by the Vietnamese Government and the PM for the university’s operations, noting that Japan wants to receive more interns from Vietnam.

He hailed the Japan-Vietnam strategic partnership as the most successful model in the world, stating that Japan looks forward to greeting PM Phuc when he attends the upcoming Mekong-Japan Summit.

Agreeing with the guest’s opinions, PM Phuc applauded the role played by the Japanese parliament as a whole, and the House of Representatives in particular, in strengthening relations between the two countries.